DOING BUSINESS IN MICHIGAN

Michigan Economic Development Corporation
517-719-0393
proctors1@michigan.org
www.michiganbusiness.org

Doing Business in Michigan
“Team Michigan wants to earn your investment. Rooted in relationships, not transactions, we believe in understanding your project, de-risking it, and ensuring your ongoing success once you are here. Our innovative history, international boundaries, plentiful water, and world-class talent ensure that businesses of all sizes have everything they need to Make it in Michigan.”
— Quentin L. Messer Jr., CEO,
Michigan Economic Development Corporation
Doing Business in Michigan
Grand Rapids, Michigan is the second-largest city in the state. (Photo: Pure Michigan)

  TARGETED GROWTH SECTORS

Automotive and EV: Michigan, with its manufacturing legacy and tech expertise, is the epicenter for the past and future of mobility.


Life Sciences: Michigan’s manufacturing prowess and world-class medical device companies make the state a top-tier location for life sciences industries.


Technology: From startups creating tomorrow’s solutions to ever-crucial semiconductor manufacturers, Michigan is a tech hub where multiple industries thrive.

  TOP PROJECTS

COMPANYLOCATIONJOBS
General MotorsOrion Township2,350 jobs
GotionBig Rapids2,350 jobs
General Motors, LG Energy Solution, Ultium CellsLansing1,700 jobs
LG Energy SolutionHolland1,700 jobs
Our Next EnergyNovi1,200 jobs

FEATURED LOCATIONS

As a top-10 state for R&D, Michigan is where America’s most innovative companies are shaping the future. With the leadership and support of the Michigan Economic Development Corporation, the state offers the ideal ecosystem and workforce to scale businesses from ideation and experimentation to production and distribution.

  FAST FACTS

Population (July 2022 est.): 10,034,113¹
Largest Cities (2020): Detroit (638,176); Grand Rapids (198,173); Warren (139,129); Sterling Heights (134,151); Ann Arbor (122,531)¹
Real GDP (2022): $490.3 billion²

¹ U.S. Census Bureau;
² Bureau of Economic Analysis, U.S. Dept. of Commerce

  TALENT DEVELOPMENT & BUSINESS OUTREACH

Talent Action Team: The Talent Action Team offers tailored talent solutions, serving as the public-private matchmaker for education institutions, companies, and jobseekers.

Strategic Outreach Attraction Reserve (SOAR) Fund: More than $2 billion funds business incentives to create investment-ready sites and provide economic incentives for in-state and out-of-state investments.

  TOP BUSINESS FACILITIES RANKINGS

#1 Automotive2024 State Rankings
#2 EV Investment2024 State Rankings
Top 5 Manufacturing (Job Growth)2024 State Rankings
Top 10 Customized Workforce Training2024 State Rankings
Top 10 Life Science Leaders2024 State Rankings
Top 10 Semiconductors2024 State Rankings
#1 Tech Talent Leaders (50k-125k): Detroit2024 Metro Rankings
#3 Best Business Climate (Mid-sized): Grand Rapids2024 Metro Rankings
Top 5 Manufacturing Hubs (Small): Grand Rapids/Wyoming/Kentwood2024 Metro Rankings
Top 5 Manufacturing Hubs (Large): Detroit/Warren/Dearborn2024 Metro Rankings
From the July / August 2024 issue of Business Facilities

Location Spotlights

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